Just pure math on just the rent versus cost, the Memphis example is better from a Cash Flow standpoint. 

What I love about Self Storage as a Controller/CFO it is pure Math.Start small and Make Your Big Mistakes Early.  

They’ll walk you through what you can qualify for based on your income, credit, and goals.If it’s your first deal, you might look into FHA (if you’re living in it), conventional, or even DSCR loans if it’s purely an investment.Happy to DM you a lender I know who’s great with beginners if you want!

The Zestimates and Redfin estimates are purely based on data like square footage and bedroom count but have no way to account for many things like, views, weird layouts, wierd lots, dark rooms, low ceilings, proximity to things (like being next to a liquor store etc etc.

And while, there are some people who are purely drawn to teaching others, MOST that are teaching any capitalistic pursuit, are doing so to make money themselves. 

If you buy 80% LTV, you earn 2% on your invested equity.If you buy 20% LTV, you earn 5.75% on your invested equityThe math is pretty simple: if it costs your more to borrow than your current yield, you are diluting your returns by having ANY debt on the property, even if you are cashflow positive.There might be real world reasons why you would buy a deal with negative leverage, but from a purely financial standpoint, you are always hurting your cash flow by borrowing at a rate higher than your in-place cap rate. 

Great product for my airbnb - they tell me when the house is locked/unlocked, low batteries, allow me to change the code etc..   

Those features seem to drain the battery way to fast and generally make setup and troubleshooting overly complicated in my expeirence. 

Not sure how you are set up now, but it sounds like you would benefit from a "high net worth" carrier such as Chubb, AIG, Pure, Cincinnati, etc....

At 18 years old I come into the game with pure ambition and a ready to learn mentality.